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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: MoneyPenny who wrote (102707)4/17/2009 11:34:06 AM
From: Horgad3 Recommendations  Read Replies (1) of 110194
 
How does the US compare on government spending and size of the public sector versus size of the private sector? The tax rate is very, very misleading.

Every dollar spent by the government is a tax on the people working in the real world outside of the government. Every government employee and government program is carried on our backs. Whether "taxes" are going up or down is a moot point.

Also, whether the money is being spent on a new plane for the military or on building a green power project could be considered somewhat important, but is also a moot point in this context. (What it is spent on matters, but only after the spending is first brought under control.)
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